Buy Sun Pharmaceutical, target Rs 475: Sacchitanand Uttekar

INSUBCONTINENT EXCLUSIVE:
Sacchitanand Uttekar of Tradebulls Securities Private Limited has a buy call on Sun Pharmaceutical Industries Ltd
with a target price of Rs 475
The current market price of Sun Pharmaceutical Industries Ltd
is Rs 453.35 Time period given by analyst is Intra Day when Sun Pharmaceutical Industries Ltd
price can reach defined target
Sacchitanand Uttekar recommended to keep stoploss at Rs 443
Sun Pharmaceutical Industries Ltd., incorporated in 1993, is a largecap company with a market cap of Rs 108773.55 crore. Sun
Pharmaceutical Industries Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 7696.33 Crore to Sales Value (96.83 % of Total Sales) and Other
Operating Revenue which contributed Rs 251.27 Crore to Sales Value (3.16 % of Total Sales)for year ending 31-Mar-2018
For quarter ended 30-09-2018, company has reported a Consolidated sales of Rs 6846.48 Crore, down -4.10 % from last quarter Sales of Rs
7138.83 Crore and up 3.89 % from last year same quarter Sales of Rs 6590.06 Crore Company has reported net profit after tax of Rs -106.97
Crore in latest quarter
Mr.Keki M Mistry, Mr.S Mohanchand Dadha, Mr.Sailesh T Desai, Mr.Sudhir V Valia, Mr.Vivek Chaand Sehgal, Ms.Rekha Sethi
Company has S R B C Co
LLP as its auditoRs As on 30-09-2018, company has a total of 2,399,324,674 shares outstanding.